News Information
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Indonesia Plans to Invest $10 Billion in the Next Three Months
Indonesia's sovereign wealth fund PT Danantara Investment Management (Persero) is about to launch its investment operations. According to Reuters, its Chief Investment Officer stated that during the three-month operational period starting in October 2025, Danantara plans to in...
West Java Floating Solar Power Plant Officially Under Construction
PT PLN Indonesia Power (PLN IP), a subsidiary of Indonesia's state electricity company PLN, together with Indo ACWA Tenaga Saguling, jointly announced the official launch of the 60 MW AC floating solar power plant construction project at the Saguling Reservoir in West Java Pro...
Chinese and South Korean Companies Cooperate to Build Stainless Steel Factory in Indonesia
South Korea's POSCO and China's Tsingshan Holding Group recently signed an agreement to jointly build a stainless steel factory with an annual capacity of 2 million tons in the Morowali Industrial Park on Sulawesi Island, Indonesia. The total investment in the project exceeds ...
China-Indonesia Cooperation Drives Agricultural Industry Development
Indonesia's Deputy Minister of Agriculture recently met in Jakarta with the visiting Deputy Minister of Agriculture and Rural Affairs of China. The two sides reached four consensus points on agricultural cooperation: They will strengthen rice research cooperation, focusing on ...
Chery Plans to Build Its Own Factory in Indonesia
Chinese automaker Chery Group is planning to build its own factory in Indonesia to produce its sub-brands Jaecoo and Lepas. Currently, Chery's assembly operations in Indonesia rely on PT Handal Indonesia Motor (HIM)'s factory in Bekasi, West Java. However, with the rapid growt...
Travelers Entering Indonesia Still Subject to Inspection After Declaring Items
The Indonesian customs authority has clarified that even if travelers' baggage items have been registered in the All-Indonesia system, inspections will still be conducted. During the entry and exit process of passengers, baggage inspection is an important part of customs work....
Indonesia to Continue Promoting Waste-to-Energy Projects
The Indonesian investment management agency BPI Danantara announced the advancement of waste-to-energy projects, with an estimated investment of 2 to 3 trillion rupiah to process 1,000 tons of waste daily. The project is jointly implemented by local governments, ministries, an...
China-Indonesia Cooperation to Boost Rice Production Development
At a press conference held at the Ministry of Agriculture headquarters in Jakarta, the Vice Minister of Agriculture recently revealed that China has shown great interest in Indonesia's rice productivity and has discussed cooperation opportunities in the food sector with Indone...
TikTok Fined IDR 15 Billion for Failing to Report Tokopedia Acquisition in Time
Indonesia's competition watchdog KPPU (Komisi Pengawas Persaingan Usaha) has fined TikTok IDR 15 billion for failing to submit a merger notification to the KPPU within the required timeframe when acquiring a 75.01% stake in Indonesian e-commerce platform Tokopedia, constitutin...
Hongxin Jianfa Breaks into Indonesia's Engineering Machinery Market with Full-Chain Solutions
Indonesia, as the world's largest nickel reserve holder (25% of global reserves) and a major coal exporter, exported 96.5% of its nickel pig iron and 42.7% of its coal to China in 2024. However, the local machinery sector faces two major pain points: a significant gap in minin...
First EPC Geothermal Power Plant by Chinese Company Successfully Handed Over to Indonesia
The Lumut Balai Phase II Geothermal Power Plant EPC Project, undertaken by PowerChina, has recently officially obtained the Operation Acceptance Certificate, becoming the first geothermal power plant project successfully handed over by a Chinese enterprise overseas. The projec...
Surge in Indonesia's Crude Oil Exports to China Raises Questions
According to Chinese customs data for August 2025, Indonesia's crude oil exports to China surged to 2.7 million tons (approximately 630,000 barrels per day), far exceeding Indonesia's domestic daily production of 580,000 barrels and the total exports of 1.3 million tons from J...